Finland - Higher Education Expenditure on R&D Financed by Industry
Since 2014, Finland Higher Education Expenditure on R&D Financed by Industry fell by 2.8% year on year. With $56.75 Million PPP in 2019, the country was number 27 comparing other countries in Higher Education Expenditure on R&D Financed by Industry. Finland is overtaken by Norway, which was number 26 at $56.91 Million PPP and is followed by Portugal at $39.6 Million PPP. China topped the ranking with $11,182.38 Million PPP in 2019, that is a growth of 2.5% versus 2018. United States, Germany and Russia respectively ranked number 2, 3 and 4 in this ranking. Italy witnessed the best average annual growth at +34% per year, while Iceland witnessed the worst performance at -32.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 56.75 |
| 2018 | 57.78 |
| 2017 | 57.79 |
| 2016 | 61.75 |
| 2015 | 60.72 |
How does Finland rank in Higher Education Expenditure on R&D Financed by Industry?
| # | 42 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
China
|
11,182.38 | 2019 | +2.5 % | +5.3 % | View data | |
| 2 |
#2
United States
|
4,090.76 | 2019 | +1.1 % | +5.1 % | View data | |
| 26 |
#26
Norway
|
56.91 | 2019 | +0.2 % | NA | View data | |
| 27 |
#27
Finland
|
56.75 | 2019 | -1.8 % | -2.8 % | View data | |
| 28 |
#28
Portugal
|
39.60 | 2019 | +4.5 % | +6.6 % | View data | |